People receiving tax credits have been warned that they have less than a week left to renew their benefits if they don't want to miss out on future payments .
HMRC has issued the message to customers ahead of the deadline on July 31, saying that around 226,000 claimants risk having their payments stopped if they fail to renew their claim by the end of the month. Tax credit customers can renew through the HMRC website and app.
More than 363,000 people have already renewed their claim, The Mirror reports . The amount you are eligible to receive through Working Tax Credit or Child Tax Credit is dependent on your income, as well as other factors including how many hours you work per week and how many children you have.
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If you’re claiming tax credits you will be sent a renewal pack that tells you how to renew your credits, according to HMRC. The pack will either have a red line across the first page and say ‘reply now’, in which case you will need to renew, or it will have a black line and say ‘check now’.
The latter means that you will need to check whether your details in the pack are still correct. If they are, you don’t need to do anything and your tax credits will be automatically renewed - but you must report any change to your circumstances or incorrect details in your pack to HMRC.
These changes can include adjustments to your working hours, childcare, living arrangements or income. As well as using the online service or app, you can also call the HMRC helpline or send renewal forms by post to renew your tax credits, with full contact details on the HMRC website .
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